Theon International completed the acquisition of a 60% stake in Harder Digital for €34m.

Theon International, a manufacturer of night vision and thermal imaging systems, completed the acquisition of a 60% stake in Harder Digital, a German-based manufacturer specializing in Image Intensifier Tubes, for €34m. "We are delighted to announce the signing of our first sizeable M&A transaction, which first and foremost is a financially attractive acquisition. We have been partnering with Harder Digital and its current management team for many years, and we are pleased to welcome them to the THEON family," Christian Hadjiminas, Theon Founder and CEO.